Senior Actuary

  • 33855
  • Non-Life - Actuarial
  • |
  • Germany
  • |
  • Jul 5, 2018
  • |
  • German
Insurance
RESPONSIBILITIES
  • Represent the non-life group reserving function of the company, both for IFRS as well as for Solvency 2.
  • Perform regular independent reserve reviews and profitability analyses for the non-life subsidiaries of the company.
  • Take methodological and process ownership of actuarial reserving for the non-life subsidiaries, especially by developing and implementing actuarial best practice for claim reserving and its application to IFRS and economic accounting.
  • Play a pivotal role in the implementation of the upcoming IFRS 17 accounting standard with the focus on actuarial topics.
  • Contribute to the development and sustainability of the Reserving Platform.
  • Take an active role in the management of the interface to the local reserving functions and other stakeholders.
  • Supervise, perform and support the quarterly reserving control and reporting processes.
  • Derive steering impulses by creating, evaluating and aggregating relevant information from the reserving processes on IFRS as well as economic basis.
  • Group and communicate the results to the relevant stakeholders, including senior management.
  • Lead and participate in group wide projects, especially regarding the continuous development of reserving processes, methods and approaches, including the implementation and supervision of compliance in the non-life subsidiaries of the company.
  • Play a pivotal role in the implementation of the upcoming IFRS 17 accounting standard with the focus on actuarial topics.
  • Prepare and hold workshops and trainings with regard to reserving for the non-life subsidiaries of the company.
  • Take a senior role in the actuarial work streams in M&A projects with the focus on valuation of the technical liabilities.
QUALIFICATIONS
  • Graduate degree in mathematics or comparable quantitative field.
  • Credentialed Actuary.
  • Multiple years of relevant job experience with a focus on actuarial claim reserving. Experience in other relevant actuarial fields can be an advantage.
  • Excellent technical and analytical skills, logical and concise in approach and high attention to detail.
  • Good communication skills not only in documentation but in explaining results and models to others.
  • Open-minded, proactive and organized, capable of prioritizing workload and team player.
  • High intercultural competency and willingness to travel internationally.
  • Self-motivated, self-dependent with an entrepreneurial mindset.
  • Intrigued to work in an international environment.
  • Fluency in English and German highly desired, additional languages can be a plus.
  • Experience in project work and management.
  • Advanced knowledge of the MS-Office package highly desired, knowledge of ResQ and data bases a plus.
  • Very good knowledge of the organization and processes of insurance companies.